Choice Problem s of the annual sales for a firm with $400,000 inimes, a total asset tuover of 3.0 assume total remains unchanged A $300,000 B. $33,333 C$900,000 D$1,600,000 E. 54,800,000 12. What is the NPV (Net Present Value of a project that costs $549,000 today and cash into $4,200 monthly paid annually for seven years from today the opportunity cost of capitalis PV 549.00 A $-241.731 8. S-246,496 ONT = 12.00 C. $ 101,106 N - 7 D. $302.504 IIYR = 4 % E. $851,504 13. A firm has current liabilities of $11.000, a current ratio of 1.65, and a quick ratio of 1.05 Calculate the level of inventory for this firm. A $5,600 8. $6,000 C. $6,600 D. $7,000 E. $7,600 14. How much will you have in 20 years, with daily compounding, of $14,000 invested today at 8%? A $3,004 N=20*365 B. $30,225 C. $62,253 PV = 14,000 D. $67,214 $69,330 INR= 8/365 FV = ? 15. You want to set up a scholarship fund at San Jose State University, which pays a student $25,000/year, indefinitely. Assuming a discount rate of 5.25%, how much would you need today? IYR = 5.25 A. $1,312.50 B. $4,761.90 C. $131,250.00 D. $473,335.71 E. $476,190.48